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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.14% By Investing.com

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© Reuters. Saudi Arabia stock prices higher at the close of trade. Tadawul All share up 0.14%

Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

The close of Saudi Arabia saw the stock rise 0.14%, reaching a 5-year record.

Taiba Holding Co., which gained 5.52% (or 1.90 points) to close at 36.35 at closing was the best performer of the session. CSJC Arabian Internet and Communications Services Co CSJC (SE) gained 3.93% (8.00 points) to finish at 211.60. Malath Cooperative Insurance Co. (SE:), was up 3.55%, or 1.05 points, to 30.60 late trade.

Yamamah Saudi Cement Co.(SE:) was among the worst-performing sessions. It fell by 4.40%, or 1.30 point to trade at 28.25 after the closing. All hail cement Ending at 15.68, Company (SE:), saw a decline of 3.80% (0.62 points). Najran Cement Company (SE;) dropped 3.47% (0.72 points) to 20.02.

The Saudi Arabia Stock Exchange saw falling stocks surpass advancing stock by 129 percent to 67 percent, while 14 ends were unchanged.

Taiba Holding Co.’s shares rose by 5.52% to their 3-year highs. This is an increase of 1.90 to 36.35.

Crude oil was 1.46 percent lower or 1.15 to $77.78 per barrel for November delivery. Brent oil fell 1.09 or 1.32% to $81.47 per barrel. The December Gold Futures contract dropped 0.15% to $1758.25 an ounce.

EUR/SAR declined 0.48%, to 4.3280. USD/SAR dropped 0.01% to 3.7503.

US Dollar Index Futures were up 0.6% at 94.338.

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